I'm just waiting on finance news, it's clear to me that money/fluidity is not a concern for H&W. All the rest re-IM/contracts news will take care of itself. By end of 2024, I think we will be approximately cashflow positive and then JW will press the accelerator button and the companies EBITDA will become strongly positive. I'm in for the longer term.
Currently in Auction btw
An Opening Position Disclosure is required to be made after the commencement of the offer period and, if later, after the announcement that first identifies an offeror and must be made by the offeree, by an offeror (after its identity is first publicly disclosed) and by any person that is interested in 1% or more of any class of relevant securities of any party to the offer. Opening Position Disclosures must be made by 12 noon on the day falling 10 business days after the commencement of the offer period or the announcement which first identifies the offeror.
I will be amazed if the SP is below Β£2 by end of 2024.
Stokey12 : Amazed you continue to pacify Lacunose. The stench of desperation from the caves is overwhelming. A sensory metaphor βone of manyβ for a synthesis of various senses, insight, and personal experience. The olfactory mechanism really has nothing to do with it, except that Lisa D might be sweating from desperation ππ€¦ββοΈ
I agree Chris, I have a feeling that we will see a sharp rerate north soon, once the financing is finally announced. I am tempted to add more now, but am twitching over the 'BUY' button π€·ββοΈ...................so tempted to add............
I'm buying !!
Always buy the tips with AZ. The chart looks ideal, picked up a few more this morning.
The Company has selected its Appledore facility to build aluminium vessels and the Company intends on making Appledore as the centre of excellence for aluminium related work. Both parties have identified opportunities in the UK market and will be working jointly on such opportunities as soon as the Teaming Agreement has been executed.
"I am delighted to have signed this MoU with Austal, a global leader in the aluminium vessel market. As we embark on the next phase of the Company's growth and development, we will be partnering with Austal not only for the transfer of technology to build aluminium vessels but to also join hands with them when bidding for contracts. Austal's skills and decades of experience in the aluminium build space are second to none and I look forward to working closely with them to build the next generation shipyard capability for aluminium vessels in the UK."
The Company has identified significant new contract opportunities in the aluminium vessel market and the Directors believe that this MoU will significantly enhance the Company's ability to bid on and win such contracts. A number of tenders, both from government and the private sector, are calling for the build of aluminium vessels that are lightweight and can achieve nautical speeds greater than traditional steel-built vessels. The Directors believe that the Newquay yard in the Company's Appledore facility is an ideal location for this purpose. Accordingly, the Company will be undertaking a study and a build plan to convert the Newquay yard into the Group's centre of excellence for aluminium.